Aya Gold & Silver (TSE:AYA) Price Target Raised to C$22.00

Aya Gold & Silver (TSE:AYA) had its price objective raised by National Bankshares from C$18.25 to C$22.00 in a research note issued to investors on Wednesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities analysts have also issued reports on the company. Stifel Nicolaus increased their target price on Aya Gold & Silver from C$15.75 to C$16.00 and gave the stock a buy rating in a research note on Thursday, May 16th. Cormark increased their price objective on Aya Gold & Silver from C$12.50 to C$15.00 in a report on Wednesday, April 17th. Raymond James increased their target price on shares of Aya Gold & Silver from C$13.25 to C$17.00 in a research report on Tuesday, April 23rd. Finally, Eight Capital raised their price objective on Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday, April 16th.

Aya Gold & Silver Stock Up 2.2 %

Shares of TSE:AYA opened at C$14.36 on Wednesday. Aya Gold & Silver has a 52-week low of C$6.58 and a 52-week high of C$15.94. The company has a quick ratio of 3.28, a current ratio of 1.72 and a debt-to-equity ratio of 26.11. The business has a fifty day moving average of C$13.34 and a two-hundred day moving average of C$11.07. The stock has a market cap of C$1.87 billion, a P/E ratio of 1,436.00 and a beta of 1.34.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings results on Thursday, March 28th. The company reported C$0.04 EPS for the quarter, beating the consensus estimate of C($0.01) by C$0.05. Aya Gold & Silver had a net margin of 12.85% and a return on equity of 3.00%. The firm had revenue of C$15.07 million for the quarter. On average, research analysts expect that Aya Gold & Silver will post 0.0963569 earnings per share for the current year.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.